All articles by Iain Morse – Page 4
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Special Report
Evolution of global super deals
A new type of super-size mandate is emerging and the custody industry needs to respond to a new set of challenges, writes Iain Morse
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Special Report
Spotlight on the guardians
Pension funds are becoming increasingly aware of the need to keep tabs on the performance and costs of their custodians as their role becomes ever more complex, writes Ian Morse
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Special Report
Custodians seen in a changed light
Sponsors are increasingly seeking the help of custodians as they feel the pressure, along with trustees, to manage risk and achieve service quality, writes Iain Morse
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Special Report
Upheavals in the fee world
Credit crisis pressures are forcing trustees and boards to seek more from their custodians both in terms of better risk management and lower costs, finds Iain Morse
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Special Report
Credit crunch reshapes custody
Demand for custodians’ services is rising as the credit crunch forces trustees and pension boards to pay attention to previously neglected areas of risk, finds Iain Morse
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Features
More than a compound noun
Iain Morse assesses trends in Germany’s Depotbank and master KAG segments
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Features
Shot in the arm for pooling
Shell Asset Management Company’s decision to award a multinational pooling mandate to JPMorgan is expected to trigger more big deals. But Iain Morse finds there may be hurdles in the way
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FeaturesWhich index?
Iain Morse takes a look at the index choices available to investors taking a passive approach to commodities
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Features
The disappearing carry trade
A difficult investment climate has caused a flight to safety from currency carry. Iain Morse assesses what other types of style approach are available for investors
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Special ReportPolling the placement agents
Iain Morse examines the role of placement agents in the private equity market
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Features
How we moved our money
Last year, the Dutch pension fund PME mandated Mn Services with the fiduciary management of its assets, and took a stake in the company, in what was the largest ever European portfolio transition. Iain Morse discusses the transition aspects of the deal with Roland van den Brink of Mn Services
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FeaturesOn a steep learning curve
Momentous changes are taking place in the staid world of cash management. “The euro-zone single euro payment area (SEPA) took effect from 28 January this year,” says Andy Reid, head of northern European treasury for Deutsche Bank. This obliges banks to treat cross-border cash transfers as those within one country, ...
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Features
Hedging for the cost of ice creams
Iain Morse describes the benefits and pitfalls involved in implementing a pooled liability fund strategy
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Features
Re-balancing the rate of risk
Iain Morse looks at how two pension funds, Henkel and PME, are addressing risk in management of liabilities
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Features
Phasing in changes
There is movement on the state pension front in Portugal, Iain Morse finds
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Features
Broadening the options
New regulation may go some way towards widening the investment possibilities for Spain’s pension funds, Iain Morse finds
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Features
Knitting together the EU quilt
Europe requires private placements. Iain Morse reports on how this can be achieved
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Features
Welcome to ‘beta prime’ – the ‘new’ style of indexing
Some bold claims have been made on behalf of fundamental indexing. “I am not suggesting they should entirely replace traditional cap weighted indices,” concedes Rob Arnott, principal of US based Research Affiliates, ” but our indices offer better returns for low volatility.”These claims have persuaded some pension funds in Sweden ...
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Features
Counting the cost of improving lives
Increasing longevity will continue to create uncertainty in the estimation of true pension liabilities. Iain Morse asks whether corporate sponsors and the actuarial profession are taking sufficient account of mortality improvements
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Features
LDI: what's the evidence?
As Iain Morse finds, evidence shows increasing use of so called liability driven strategies, although no one can measure take-up accurately
